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Once free and easy, Xdrive wants pay for online Service

The Internet has become a great place to share family pictures or stash resumes away from the boss´s view, but to date providing the online storage for those capabilities has...

Announcement 1 min read
Gregor Klevže 21 Aug 2014 824 views

The Internet has become a great place to share family pictures or stash resumes away from the boss&acute;s view, but to date providing the online storage for those capabilities hasn&acute;t been the most stellar of businesses. <BR> <BR>Now the top names in the sector, Xdrive Technologies Inc. and i-drive.com, are putting the stops on free-wheeling Web usage, shooing away freeloading customers from their sites and using dwindling cash to woo and beef up business. <BR> <BR>

Individuals flocked to ``virtual drives´´ on easily accessible Web sites, marketed as a free way to get personal information from pretty much anywhere and to make it easy for colleagues and friends to exchange files.

But users dashed off the Web sites without paying attention to the advertising meant to support them, leaving Xdrive and i-drive.com, with virtually no income.

``The reality is, storage is a utility and advertising is basically ignored,´´ said Tim Craycroft, the 28-year-old founder and chief technology officer of i-drive. ``No one in our space can afford to give this away much longer.´´

Making the point a little more forcefully, i-drive has told millions of registered users they have two weeks to clean out their drives, referring them instead to competitor Xdrive.

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http://www.siliconvalley.com/docs/news/reuters_wire/1291000l.htm

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